Oxus Gold plc ("Oxus" or "the Company") has been notified that an application has been made for 10,000 new ordinary shares of 1p each in the Company to be admitted to trading on the Alternative Investment Market of the London Stock Exchange. The shares are being issued following the exercise of 10,000 options.

The shares will rank pari passu with existing ordinary shares and dealings are expected to commence in the new ordinary shares at 23nd August 2005.

The issued share capital of the Company is 287,036,821 ordinary shares.

Oxus Gold plc is listed on the Alternative Investment Market (AIM) in London, Stock exchange symbol OXS.

Contacts:

Oxus Gold plc
Tel: + 44 (0)20 7907 2000
Richard Wilkins, Company Secretary
Joanna Solino, Investor Relations Officer

Bankside Consultants Ltd.
Tel: + 44 (0)207 367 8873
Keith Irons